Gold price 1975-2020
The first is the longest, running from January 1975 to February 2005. In this period the price went up and down but always reverted to a mean average of around US$400 per ounce. The only notable exception was 1979-80, where it reached about US$820.
What was the price of gold in 2010?
Over 200 years of historical annual Gold Prices
What is the highest price gold has ever been per ounce?
Gold prices reached a record high of $1,900/oz., which was the highest price ever.
How much is 400 troy oz of gold worth today?
Heraeus Gold Bar – 400 oz
|Price/Troy Ounce:||USD 1,800.81|
|Sell to BullionStar:||USD 697,630.66|
The World Bank forecasts that the price of gold will drop over the next ten years, from an average of $1,775/oz in 2020 to $1,740/oz in 2021, and then to $1,400/oz by 2030.
What is the price of gold over the last 10 years?
The price of gold has fluctuated over the past ten years, from $1,049.41 to $2,067.16 per ounce, and has generated a 22% return.
How much does a 400 oz bar of gold cost?
400 oz Gold Bar – London Good Delivery
|Weight:||Spot Price:||Buy Price:|
|400.00 oz||$ 706,512.00||$ 715,343.40|
How much does $400 in gold weigh?
The weight of a typical gold bar is 12.4 kilograms (400 troy ounces, or 27.4 pounds).
What was the price of gold in 2020?
The average annual price of gold fell from 1,668.98 US dollars per troy ounce in 2012 to 1,268.49 US dollars per troy ounce in 2018, with a slight increase to about 1,400 US dollars per troy ounce in 2019. In 2020, the price rose to a record 1,769.64 US dollars per ounce.
How much is an ounce of 14kt gold worth?
Advertisement14K Gold Price Per Ounce in US Dollar
|Ounce||US Dollar||US Dollar|
|1 Ounce =||1008.42 USD||1 USD =|
|2 Ounce =||2016.85 USD||2 USD =|
|5 Ounce =||5042.12 USD||5 USD =|
|10 Ounce =||10084.23 USD||10 USD =|
AdvertisementGold Price Per Ounce in US Dollar
|Ounce||US Dollar||US Dollar|
|2 Ounce =||3550 USD||2 USD =|
|5 Ounce =||8875 USD||5 USD =|
|10 Ounce =||17750 USD||10 USD =|
|20 Ounce =||35500 USD||20 USD =|
Unit conversion for Gold Price Today
|1 Troy Ounce ≈ 31,10 Gram||Gold Price Per 1 Gram||56.69 USD|
|1 Troy Ounce ≈ 0,031 Kilogram||Gold Price Per 1 Kilogram||56694.63 USD|
|1 Troy Ounce ≈ 1,097 Ounce||Gold Price Per 1 Ounce||1607.27 USD|
Since metals are typically measured in troy ounces and there are 12 troy ounces in a troy pound, the price of gold is $1,866 per ounce, or about $22,392 per pound.
Remember that gold prices typically fluctuate on a daily basis, though the average price has been rising for decades, and that a 1-ounce gold bar is worth more than $1,800 as of June 9, 2022. The price of 1-ounce gold bars exceeded $2,000 in both 2020 and 2022.
The price of gold may increase by 1,000% from its current level over the course of the following ten years, reaching $17,000 by 2032.
In the historically brief 240-year history of our country, the price of gold has fluctuated from a low of $20.67 an ounce to a high of nearly $2000 an ounce in the late summer of 2011.
Less than $100 separated Mondays peak in gold futures (GC=F) from its all-time high for 2020.
Table 1: Gold's price performance was positive across major currencies
|USD (oz)||RMB (g)|
|H1 2022 return||0.6%||5.7%|
|30 June price||1,817.0||391.1|